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Why did the #Raiders draft Auburn EDGE, Keyron Crawford? Dalton Wasserman explains why Crawford could make an impact early as a situational pass rusher in a loaded EDGE room. Burst. Hand usage. 18%+ pass rush win rate. #RaiderNation, how do you feel about the fit? 🎥 Full pod breaking...

13,755 views • 4 months ago •via X (Twitter)

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EDGE REVEALED: How an Ex-Jane Street Trader Finds Edge in Markets & Life Agustin Lebron Agustin Lebron (former Jane Street trader, author of The Laws of Trading, now working at an AI startup applying reinforcement learning to market execution) breaks down what edge really means — and how to find yours in trading, careers & life. “Edge is something that either you know or you can do that the marginal participant in that market either doesn’t or can’t.” We cover: - What edge actually means & how Jane Street builds organizational edge (their worst skill is still "pretty decent") - Why you can never truly know if you have edge — the statistical vs intuitive approaches - The consolidation of quant trading: from dozens of options firms to a handful of giants - The gamblification of everything — retail trading, sports betting & prediction markets fueling quant profits - What it was like having Sam Bankman-Fried (SBF) as a Jane Street intern: "Day one, I'm going to ask all the questions" - How to apply edge thinking to your own career: find what you're differentially good at - Raising teenagers in the AI age: why the traditional path still works, but other paths are opening up 00:00 Introduction 00:44 What is edge in financial markets 01:43 Jane Street and organizational structures for quant trading 03:46 Identifying and validating edge in trading 06:22 Navigating extreme market events and volatility 09:37 Future of quant trading and consolidation 12:15 Why quant firm profits have increased 14:42 The gamblization of everything 15:55 Who should pursue a career in quant trading 18:19 Applying the concept of edge to career and life decisions 20:56 Advice for interns to excel in quant trading 23:44 Predicting long-term success in trading interns 25:08 Sam Bankman-Fried as an intern and FTX reflections 28:15 Reasons people leave Jane Street and what they do next 31:19 Advice for young people in a changing world 36:09 Navigating job insecurity in tech-driven roles 38:55 Where to live if you want to be successful 40:28 Raising kids for a rapidly changing future 42:55 Questions young people should ask themselves 44:45 Outro and book recommendation

Ethan Kho

214,514 views • 6 months ago

Caleb Banks, DT, Florida Age: 23.1 Height: 6'6" Weight: 335 lbs Arms: 35" Current Consensus Rank: 24th 🟨 Market Share Adjusted Production: 67th percentile 34 Games 929 Career Snaps 60 Career Pressures 7 Sacks 48 Tackles 10.5 Tackles For Loss 1 batted pass 4 penalties 🟧 Career PFF Grade: 47th Percentile 🟩 Career PFF Pass Rush Grade: 77th Percentile 10.6% Career Pass Rush Win Rate 10.7% PRWR Last 2 Seasons 🟩 Win Rate: 83rd Percentile 🟨 Career Pass Rush Grade on True Pass Sets: 66th Percentile 18.0% Career Win Rate on TPS 17.7% PRWR on TPS Last 2 Seasons 🟦 True Pass Set Win Rate: 88th Percentile 🟥 PFF Career Run Defense Grade: 25th Percentile 🟥 3.2% Career Run Stop Rate: 1st Percentile 🚩 🟥 25.5% Missed Tackle Rate: 0.7 percentile 🟥 PFF Tackling Grade: 4th Percentile 🟥 Tackles For Losses: 8th Percentile Player Analysis: Caleb Banks has flashes of a super star. He can move laterally and jump a gap at the snap in a blink or he can bull rush right through blockers with ease. The high-end plays are truly incredible. Rare to see a player of that size move so fluidly and then come back with the raw power he possesses on the next play. The flashes are what will sell teams, but Banks has a ways to go before he's that player on a consistent basis. Too often, Banks plays with poor leverage and conditioning (foot injury and weight played a factor). When he's playing too tall, his get-off and power are robbed. Then you've got inconsistent hand usage. He will swing wildly and hit nothing. Leaving his chest open and making himself easy to block. The combination of inconsistent pad level and hand usage leads to having trouble against double teams as he can be displaced and moved down the line. Banks' profile shows pass rush upside with inconsistent run defense and one of the worst tacklers we've ever seen. Banks leaves his feet and lunges or will completely stop his feet and reach for the ball carrier (around the shoulders) and both lead to big missed tackles. These misses have severely affected his overall production. Banks has never played more than 422 snaps in a season and if he's going to become a full time starter in the NFL, he's going to need to stay healthy and improve at the little things. He's a 'Home Run or Strikeout' player right now and at age 23 on Draft Night, he's one of only 4 players in the current consensus top 32 that'll be over that mark. If he pans out, it'll be easy to see why. If his highlights were the whole story, Banks would be a top 12 lock. Instead, you have to wonder if he'll ever reach those heights.

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MUST-WATCH: Macro Hedge Fund Founder Alfonso Peccatiello Reveals his Edge in Macro Trading Alfonso Pecatiello (former large global bank PM, founder of The Macro Compass & Palinuro Capital) breaks down how to create durable edge in macro investing and why concentration is the death of many fund managers. "You can hear from Druckenmiller and Soros about concentration — but you won't hear from the thousands of managers who went bankrupt trying the same approach." We cover: - Why bank reserves (QE "liquidity") have NO direct pipe to the S&P 500 - The real money creators: commercial banks & government deficits — not the Fed - Why the second derivative of money creation drives nominal growth & asset prices - How to run 40-50 ideas/year & arrive at 10-12 truly independent bets - The "Trump error term": modeling exogenous volatility injections - The handbrake rule: when models fail, cut risk (the math of negative compounding destroys you) - Launching Palinuro with zero GP stakes & why 80% of funds fail in year 1-5 Thanks to Alf (Alf) for pulling back the curtain on finding edge in macro trading and the unglamorous reality of fund building. Highlights: 00:00 Understanding Money Creation and Strict Process as a Macro Edge 04:21 Commercial Banks and Government Deficits Drive Real Money Creation 12:52 Why Diversification and Risk Parity Beat Concentrated Bets 19:30 Using the "Handbrake" to Cut Risk During Black Swan Events 27:47 Why Factor Neutral Mandates Don't Make Sense for Macro Investors 32:22 The Underestimated Challenges of Building a Macro Hedge Fund 43:20 Passion, Delegation, and the Grinder Mentality for Fund Founders 52:13 The High Probability of Failure and Necessary Financial Runway 56:58 Building an Empathetic Team Through Intentional Hiring Frameworks 1:02:11 Why Communication Skills Are Crucial for Success in Finance

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